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Putin Accuses West of Unfair Energy Market Tactics

September 26, 2024
Putin Accuses West of Unfair Energy Market Tactics

Speaking at the Russian Energy Week plenary session, speaking at the Russian Energy Week plenary session

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Russian President Vladimir Putin has accused Western countries of using sanctions and claims of defending human rights and Euro-Atlantic values as tools for unfair competition in global energy markets.

Speaking at the Russian Energy Week plenary session, Putin said the West’s actions are designed to push politically unfavorable nations out of the market and limit their access to key services.

He argued that these measures are driven by a desire to maintain dominance and suppress competition. “The West often loses in a fair fight,” Putin stated, adding that it resorts to tactics such as discrimination under the guise of solidarity and human rights advocacy.

Putin explained that the West has historically held a strong position in the global energy market, controlling crucial elements such as raw material extraction, logistics, and payment systems. This dominance, he said, enables the West to create

Tags: Energy MarketsPutinRussia
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